President-elect López Obrador dissipated doubts over his initial declarations over the momentary halt of the country’s licensing rounds to subsequently announce December service tenders, COFECE launches a monopolistic practice investigation in the petroleum products market and AMLO’s Chief of Staff, Alfonso Romo, discarded subsidies or government control over gasoline prices. Meanwhile, the US […]

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Accompanied by Tabasco’s Governor-elect, Adán Augusto López, incoming Minister of Energy, Rocío Nahle and incoming PEMEX Director General, Octavio Romero, President-elect López Obrador (AMLO) held a press conference in Tabasco’s Hilton hotel. This took place after a private meeting with different oil and gas players to address the challenges the industry will be facing […]

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Last week, President-Elect López Obrador confirmed the first days of its administration would oversee the execution of a drilling round for December 2018, ASEA inaugurated its digital platform, CRE merged the Contract Transfer Phases and CENAGAS has a natural gas storage asset ready to tender. Meanwhile, OPEC reached its highest production levels in […]

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Last week marked a preliminary NAFTA 2.0 agreement between Mexico and the US, Fluvio Ruiz, incoming Director General of PEMEX Exploración y Producción, claimed the Ministry of Finance owed PEMEX MX$70 billion and OPEC members are gauging their options to compensate Iran’s dropping oil exports.

 

Ready to strike oil? Here’s your weekly […]

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